Importance of website Disclosure: The companies having their website are required to adhere to certain provisions and compliances about website disclosures. It must be in accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These days, nearly every company has an online presence. However, certain website disclosures are still […]
The Ministry of Corporate Affairs (“MCA”) vide its notification dated 22nd January 2019, made certain amendments to the Companies (Acceptance of Deposits) Amendment Rules, 2014 (Deposit Rules) wherein following are the key amendments relating to the return of deposits: Annual Return (Rule 16):Every company (other than a government company) should use form DPT-3 (return of […]
The Bombay High Court has held that Section 110A of the Customs Act, 1962 does not impose any limitation that the goods categorized as ‘prohibited goods’ under Section 2(33) cannot be subjected to provisional release under Section 110A.
Simplified GST SERIES – Section 159-167/CGST ACT 2017 Article Analyses Provisions of Section 159 – Publication of information in respect of persons in certain cases, Section 160 – Assessment proceedings, etc. not to be invalid on certain grounds, Section 161 – Rectification of errors apparent on the face of record, Section 162 – Bar on […]
SOP for partial reopening of Schools for students of 9th to 12th classes on a voluntary basis, for taking guidance from their teachers: In the context of COVID-19
ANNUAL RETURN 01. THE CENTRAL GOVERNMENT REQUIRES COMPANIES TO DISPLAY THEIR ANNUAL RETURNS ON COMPANY WEBSITES FROM 28TH AUGUST 2020. [S.O. 2920(E)] The Central Government has appointed 28 August 2020 as the date on which the provision of section 23 clause (ii) of the Company (Amendment) Act, 2017 shall come into force. 23. In section […]
On 3rd September 2020, the Bombay High Court has passed a landmark ruling placing the wife in a position as a Guardian for her comatose (in the position of coma). The Bombay High Court thereby affirmed that a spouse could be the best Guardian for his/her spouse and thus, appointed the spouse of a comatose man as his guardian for making it easier […]
Slowly and steadily India is moving towards a transparent and efficient economic system through good corporate governance. While we witnessed changes in the Income-tax provisions and the revamped GST Portal for the ease of doing business, the capital market regulator of the country has also announced a revision in the disclosure requirements for transactions in […]
Tax comparison: Partnership Firm vs Private Limited Company. Learn about the tax provisions and rates for each business structure.
The issue under consideration is whether the freezing of the bank account of the petitioner was undertaken by the Deputy Commissioner (Customs) under the provisions of the Customs Act, 1962 is justified in law?
